by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Blake Austin College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Blake Austin College deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Blake Austin College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Blake Austin College, 66% of new full-time first-years were awarded at least some aid roughly 39 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,570 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 66% | $4,930 |
| State/local grants | 15% | $2,774 |
| Federal student loans | 49% | $5,302 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Blake Austin College, roughly 60% of the undergraduate population received grant aid that averaged $4,227 (across approximately 201 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $4,227 |
| Federal Pell grants | 60% | $3,645 |
| Federal student loans | 59% | $6,464 |
Title-IV recipients living on campus saw average grant aid of $5,570.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,441 |
| $30,001 – $75,000 | $31,696 |
| Over $75,000 | $32,489 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,136 |
| Off-campus title-IV students | $30,926 |
For a customized cost estimate, visit Blake Austin College’s net price tool: www.blakeaustincollege.edu/net-price-calculator/.
Graduating students at Blake Austin College carry a median federal student debt of $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,249 |
| Typical 10-year monthly payment (graduates) | $108.66/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Blake Austin College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $5,500 |
| 75th percentile | $13,599 |
| 90th percentile (highest-debt students) | $17,900 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,815 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $10,057 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,112 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Blake Austin College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Blake Austin College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2675 |
| Total Stafford loan amount | $27,862,236 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $57,832 |
| Average GI Bill amount per recipient | $14,458 |
References
More about our data sources and methodologies.